First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT) to Issue Monthly Dividend of $0.04

First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $0.0450 per share on Friday, October 30th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, October 21st.

First Trust SSI Strategic Convertible Securities ETF Stock Up 0.7%

FCVT stock traded up $0.33 during trading hours on Wednesday, hitting $45.99. 357 shares of the stock were exchanged, compared to its average volume of 28,875. First Trust SSI Strategic Convertible Securities ETF has a 12 month low of $41.00 and a 12 month high of $54.90. The company has a 50-day simple moving average of $49.17 and a two-hundred day simple moving average of $50.19.

About First Trust SSI Strategic Convertible Securities ETF

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The First Trust SSI Strategic Convertible Securities ETF (FCVT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of convertible securities from within and outside the US. FCVT was launched on Nov 4, 2015 and is managed by First Trust.

Further Reading

Dividend History for First Trust SSI Strategic Convertible Securities ETF (NASDAQ:FCVT)

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